Foreclosure and Loan Modification Blog

Successful Loan Modification Roundup Week of 10/20/17

Written by Maxwell Swinney | Friday, October 20, 2017

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are a few of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with Seterus, Ditech, Carrington, Caliber, Trumark Financial, Ocwen, and Loan Care:

Carrington

Great success! Our Carrington Mortgage client has a three month FHA HAMP trial loan modification with $276.81 cheaper monthly payment after falling six months behind on his mortgage payments.

Seterus

Our Seterus clients were 15 months and $28,415 past due on their mortgage, but now they have a final FNMA in-house loan modification with $68.63 lower monthly payment!

Our Seterus clients were 26 months and $23,282 past due on mortgage with Seterus, now they have a final loan modification with $66.86 lower payment, 1.5% lower interest rate, and $19,182.47 non-interest bearing principal deferment!

Ditech

Hot dog! Our Ditech client was $18,490 past due on his mortgage, but now has a trial loan modification with $140.76 cheaper monthly payment.

Caliber

Our Caliber clients were 3 months and $4,357.07 past due on their mortgage, now they have an 8 month forbearance plan with no payments due until June 2018!

Our Caliber client was 10 months and $15,810 past due on her mortgage, now she has a loan modification with $302.81 cheaper monthly payment!

Trumark Financial

Our Trumark Financial clients were 30 months and $30,000+ past due on their mortgage and in foreclosure, but now they have a 6 month trial loan modification and foreclosure is on hold.

Ocwen

Our Ocwen client was $22,563.92 past due on her mortgage payments, but now she has 3 month trial loan modification and the opportunity for a permanent modification.

Loan Care

Our Loan Care client has a permanent loan modification with lower fixed interest rate and $96.57 cheaper monthly payment.